Business News
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Govt envisages $200b exports by FY25 | The Express Tribune
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[ad_1] ISLAMABAD: The government has fixed export target of $200 billion by the end of fiscal year 2025, announced Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood. Speaking at a press conference held for the launch of 3rd Textile and Apparel Policy, the adviser said that it was recently approved by the…
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PTA releases Internet of Things framework | The Express Tribune
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[ad_1] KARACHI: The Pakistan Telecommunication Authority (PTA) has issued a regulatory framework for Short Range Devices (SRD) and internet of things (IoT) services. In a statement on Wednesday, the authority detailed that the framework was created and introduced as a regulatory tool to facilitate service operations of internet of things. “PTA shall start accepting class…
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FO official urges US energy sector to create joint ventures with Pakistani companies
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[ad_1] Muhammad Mudassir Tipu — Twitter ISLAMABAD: Ministry of Foreign Affairs Director General (Americas) Muhammad Mudassir Tipu Wednesday spoke at an international virtual conference titled “Pakistan-US Ties: The Way Forward” hosted by the Quaid-e-Azam University. The conference shed light on the significance of Pakistan-US relations and the milestone in celebrating 75 years of diplomatic relations.…
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International conference sheds light on 75 years of Pakistan-US relations
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[ad_1] Muhammad Mudassir Tipu — Twitter ISLAMABAD: To celebrate 75 years of diplomatic relations between Pakistan and the United States and highlight the bilateral agreements signed between the two states, Quaid-e-Azam University conducted a virtual international conference on Wednesday. According to a statement issued in this regard, the Ministry of Foreign Affairs Director General (Americas)…
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Market watch: Petroleum price hike pulls stocks down | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange on Wednesday experienced a tumultuous session as the KSE-100 index traded on both sides of the fence and closed the day on a negative note. A massive increase in petroleum prices by the government impacted investor sentiment, which kept trading in a narrow range. As inflation reading was expected…
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UK annual inflation hits fresh 30-year high
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[ad_1] A customer shops for meat at a Sainsbury’s supermarket in Walthamstow, east London on February 13, 2022. UK annual inflation struck 5.4% in December, stoking fears of a cost-of-living squeeze as wages fail to keep pace. — AFP LONDON: UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure…
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Oil prices recoup losses | The Express Tribune
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[ad_1] LONDON: Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine amid tight global supplies and recovering fuel demand. Brent crude was up $1.37, or 1.5%, at $94.65 a barrel around 1200 GMT, having slid 3.3% overnight after Russia announced a partial…
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PM Office seeks Rs200b to offset inflation impact | The Express Tribune
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[ad_1] ISLAMABAD: The Prime Minister (PM) Office has asked for a Rs200 billion budget to immediately provide relief to the inflation-hit people amid tight fiscal controls imposed by the International Monetary Fund (IMF) that did not leave any cushion for additional spending. PM Imran Khan wants to bail out the lower- and middle-income groups from…
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Govt jacks up petrol price by Rs12.03 per litre
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[ad_1] — AFP/File ISLAMABAD: In a major development, the federal government jacked up the price of petroleum products by up to Rs12.03, a notification from the Finance Division said Tuesday. Citing the reason for the increase in the petrol rates, which have for the first time in history moved past Rs150 per litre, the Finance…
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Visit of Kazakh traders to deepen ties | The Express Tribune
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[ad_1] ISLAMABAD: Many Pakistani products such as sports goods, medicines and surgical instruments have good potential for trade in Kazakhstan, said Kazakh Ambassador to Pakistan Yerzhan Kistafin. Speaking during his visit to the Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday, he announced that a high-powered business delegation, led by the president of Kazakhstan,…
